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The Complexities of the Interface between Agricultural Policy and Trade

  • Schmitz, Troy G.
  • Schmitz, Andrew

Tariff and non-tariff barriers are widespread as applied to agricultural trade. The theory of gains from trade considers the impacts of free trade relative to no trade and to non-tariff barriers, while the theory of agricultural policy generally places little weight on the international trading sector. However, it is necessary to combine agricultural policy with the international trading sector so that agricultural policy instruments such as price supports are considered together with barriers to trade such as tariffs. This is possible within the context of welfare economics when considering the costs and benefits of alternative agricultural and trade policies.

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File URL: http://purl.umn.edu/120424
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Article provided by Estey Centre for Law and Economics in International Trade in its journal Estey Centre Journal of International Law and Trade Policy.

Volume (Year): 13 (2012)
Issue (Month): 1 ()
Pages:

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Handle: RePEc:ags:ecjilt:120424
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  1. Schmitz, Andrew & Schmitz, Troy G. & Seale, James L., Jr., 2004. "The Optimal Processor Tariff Under the Byrd Amendment," Technical Papers 15638, University of Florida, International Agricultural Trade and Policy Center.
  2. Schmitz Andrew & Schmitz Troy G., 2010. "Benefit-Cost Analysis: Distributional Considerations under Producer Quota Buyouts," Journal of Benefit-Cost Analysis, De Gruyter, vol. 1(1), pages 1-15, July.
  3. Du, Xiaodong & Hayes, Dermot J., 2009. "The impact of ethanol production on US and regional gasoline markets," Energy Policy, Elsevier, vol. 37(8), pages 3227-3234, August.
  4. Schmitz Andrew & Moss Charles B. & Schmitz Troy G., 2007. "Ethanol: No Free Lunch," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 5(2), pages 1-28, December.
  5. Hochman, Gal & Sexton, Steven E. & Zilberman, David D., 2010. "The economics of trade, biofuel, and the environment," CUDARE Working Paper Series 1100, University of California at Berkeley, Department of Agricultural and Resource Economics and Policy.
  6. James Vercammen & Andrew Schmitz, 1992. "Supply Management and Import Concessions," Canadian Journal of Economics, Canadian Economics Association, vol. 25(4), pages 957-71, November.
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